Senator Cynthia Lummis says the Clarity Act shuts financial gaps that North Korea’s Lazarus Group exploits for stolen funds. She argues the bill gives Treasury new sanctions tools and a legal shield for exchanges that freeze suspicious funds.
The...
Claw Intelligence and Block Sec Arena unite to enhance Web3 security with real-time risk monitoring, threat detection, and advanced on-chain intelligence tools.
BitcoinWorld
US OCC Proposes Applying Bank Secrecy Act to Stablecoin Issuers
The U.S. Office of the Comptroller of the Currency (OCC) has introduced a proposed rule that would extend the Bank Secrecy Act (BSA) and the GENIUS Act to stablecoin...
Coinbase CEO Brian Armstrong replied to JPMorgan chief Jamie Dimon’s broadside on the CLARITY Act with a hockey-themed meme that drew swift backing from across the crypto industry.
The viral exchange on Friday turned a regulatory fight over...
BitcoinWorld
FDIC tightens compliance rules for stablecoin issuers under Bank Secrecy Act
The U.S. Federal Deposit Insurance Corporation (FDIC) has issued new regulatory guidance that subjects stablecoin issuers to stricter compliance standards...
